Real Estate Accountant

Doran Companies LLC•Bloomington, MN

13h•$65,000 - $75,000•Hybrid

About The Position

We are looking for a Real Estate Accountant to join our team! This role prepares monthly financial reports for residential properties, including financial reviews, monthly journal entries, and balance sheet reconciliations. You will work with a portfolio of properties with various levels of complex accounting.

Requirements

Experience preparing and analyzing financial statements
Must be a self-starter and be able to work independently
Analytical ability to develop and implement improvements and recommendations
Must have great attention to detail
Highly proficient in Excel and Microsoft applications
1 to 3 years of relevant experience in accounting or accounting-related field
1 to 3 years minimum experience in real estate/property management and commercial accounting
Must have a valid driver’s license and reliable source of transportation

Nice To Haves

Experience with Yardi, SAGE, or Timberscan is a plus
Commercial experience is a plus

Responsibilities

Accounts Payable and Receivable Management
Approve invoices and process checks.
Ensure timely payment of bills and collection of rents.
Maintain accurate records of accounts payable and receivable.
Monitor debt levels and compliance with lender debt covenants.
Maintain invoice inbox
Financial Reporting
Manage the accounting on multiple multi-family properties
Ensure that all projects, month-end, and year-end reports are completed accurately and on time.
Prepare monthly financial statements to investors and lenders.
Establish a system of internal controls to ensure timely and accurate reporting.
Coordinate, prepare and review monthly, quarterly, and annual reports.
Prepare, consolidate, and review monthly financial statements.
Calculate and report monthly financial and operating metrics to senior leadership.
Bank Reconciliation
Perform bank reconciliations and prepare year-end papers for outside tax accountants.
Prepare monthly bank reconciliations, A/P, and A/R.
Budgeting and Forecasting
Support site property teams by participating in budgeting and cash flow forecasting.
Prepare annual budgets and operating expense reconciliations.
Analyze budget variances and report significant issues.
Accounting Support
Prepare year-end audit/tax packages.
Monitor and order stock of accounting supplies (toner, checks, envelopes) through the appropriate vendors
Stamp and mail checks
Organize accounting mail
Fed Ex payments & taxes
Sort accounting mail and distribute to appropriate staff
Compliance
Maintain and improve accounting policies and procedures.
Assist in preparation of tax returns and compliance with tax regulations.
Maintain records for property tax assessments and payments.

Benefits

Competitive Pay with bonus opportunities
Paid Time Off- PTO plans start at 120 hours a year
Comprehensive Health Plans – health, dental, vision, flex spending accounts, HSA with employer contribution
Life, AD&D, STD & LTD – Employer paid Life and AD&D insurance, options to purchase voluntary life for yourself and your family, additional AD&D options. Company paid short-term and long-term disability
401(K) – 4% company match, immediately vested in company match
Family Leave
Learning & Development – Tuition Reimbursement program
Doran Investors Program – Unique opportunity to own shares of properties developed by Doran
Company Paid Holidays – 9 a year
Employee Assistance Programs
Social Wellbeing Events
Summer Hours
1 WFH day per week